MonoHRTemplate fields
Company Name, Company Address, Consultant Name, Consultant Address, Services Description, Monthly Retainer Amount, Payment Terms, Contract Start Date, Contract End Date, Deliverables, Termination Notice Period
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[Company Letterhead]
Date: [date]
[consultant name]
[consultant address]
Subject: Consultant Retainer Agreement
Dear [consultant name],
We are pleased to engage your services as an independent consultant for [company name].
This letter sets forth the terms and conditions of our retainer agreement:
1. Services
You agree to provide the following services: [services description]
2. Deliverables
The expected deliverables include: [deliverables]
3. Retainer Fee
You will receive a monthly retainer fee of [retainer amount], payable [payment terms].
4. Term
This agreement shall commence on [contract start date] and shall continue until [contract end date] or until terminated by either party in accordance with the terms herein.
5. Independent Contractor Status
You acknowledge that you are an independent contractor and not an employee of [company name]. As such, you will not be entitled to any employee benefits, including but not limited to health insurance, retirement benefits, or paid leave.
6. Payment Terms
Payment will be made within [payment terms] of invoice submission. You are responsible for all taxes applicable to the retainer fee.
7. Termination
Either party may terminate this agreement by providing [termination notice] written notice to the other party.
8. Confidentiality
You agree to maintain the confidentiality of all proprietary information and trade secrets of [company name].
9. Intellectual Property
All work product, deliverables, and intellectual property created in the course of providing services under this agreement shall be the exclusive property of [company name].
Please sign and return this letter to indicate your acceptance of these terms.
Yours sincerely,
[Authorized Signatory Name]
[Designation]
[company name]
_________________________
[consultant name]
Date: [date]